(Reuters) -Britain’s Domino’s Pizza Group said on Tuesday that its CEO Andrew Rennie had stepped down, and would be replaced by Chief Operations Officer Nicola Frampton, on an interim basis. The move comes at a time when the pizza chain operator is broadening its focus beyond its core pizzas to drive growth in a challenging […]
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UK’s Domino’s Pizza CEO steps down as strategy shift takes hold
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(Reuters) -Britain’s Domino’s Pizza Group said on Tuesday that its CEO Andrew Rennie had stepped down, and would be replaced by Chief Operations Officer Nicola Frampton, on an interim basis.
The move comes at a time when the pizza chain operator is broadening its focus beyond its core pizzas to drive growth in a challenging market. Domino’s UK is tapping into the fast-growing market of chicken products and healthier options for pizzas.
The company also named a new finance chief in September, joining a growing list of global retail companies changing leaders to better operate in an uncertain economy marred by tariff troubles and a choppy consumer spending backdrop.
It intends to review its capital allocation priorities following the arrival of incoming CFO Andrew Andrea.
Earlier this month, Domino’s UK warned that weak demand is likely to weigh on orders into 2026.
The company said its board has commenced a search process to identify a successor for Rennie and has postponed its December capital markets day to a later date.
(Reporting by Yamini Kalia and Pushkala Aripaka in Bengaluru; Editing by Rashmi Aich)